Tuesday, June 11, 2013

Market Report: China fingerprint biometrics revenue six-fold increase by 2018

China Biometrics Market Forecast & Opportunities, 2018 (Research and Markets)
“China Biometrics Market Forecast & Opportunities, 2018”, identifies that fingerprint identification market in China is anticipated to grow at the CAGR of around 38%, reaching up by six folds revenue by the end of 2018. Anhui, Shandong and Shanghai are the leading provinces of eastern region, generating highest revenue in biometrics market when compared with other regions in the country. One of the other large biometric projects is e-passports, which is primarily to be implemented in Shaanxi province in northern region and would act as the main growth driver for biometrics market in the next five years. The major players of biometrics industry in China are Zk Technology, Ingersoll Rand, Rosslare Security, Zks Group and Suprema Inc.